Shaw Wallace
   HOME

TheInfoList



OR:

Shaw Wallace & Company Limited, abbreviated to SWC, is an Indian liquor manufacturer headquartered in the Wallace House in
Kolkata, West Bengal Kolkata, also known as Calcutta (List of renamed places in India#West Bengal, its official name until 2001), is the capital and largest city of the Indian States and union territories of India, state of West Bengal. It lies on the eastern ba ...
. It was established in 1886 by Robert Gordon Shaw and Charles William Wallace.Get In Touch
" Shaw Wallace. Retrieved on 2 November 2011. " Please Send us your Feedback on : Shaw Wallace & Company Ltd. Wallace House 4 ,Bankshall Street Kolkata-700001"
It was involved in the production and sales of
Indian Made Foreign Liquor Indian-made foreign liquor (IMFL) is the official term used by Government of India, governments, businesses and media in India to refer to all types of liquor manufactured in the country other than Desi liquor, indigenous alcoholic beverages such a ...
(IMFL). The two biggest brands of SWC were Royal Challenge whisky and Director's Special whisky. In mid-2005, SWC's spirits business was acquired by the United Breweries Group (UB Group) and its breweries and beer business was acquired by
SABMiller SABMiller plc was an Anglo–South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by AB InBev for US$107-billion. It was the world's sec ...
. On 1 April 2008, Shaw Wallace was merged with United Spirits Ltd, a subsidiary of the UB Group.


History

Shaw Wallace & Company Limited was established in 1886 by Robert Gordon Shaw and Charles William Wallace (1855–1916). (Wallace's legacy established the Charles Wallace India Trust, which today provides scholarships for mid-career Indians to spend time in the United Kingdom.) Prior to 1999, SWC was into diversified businesses, which it shed as part of a restructuring plan. It 1999, it sold Calcutta Chemicals Ltd and Detergents India Ltd to Henkel SPIC. On 21 March 2005, UB Group increased their ownership of Shaw Wallace to 54.54%. Since Manu Chhabria had died three years earlier, the deal was approved by his widow Vidya Chhabria. SWC's breweries and beer business was acquired by
SABMiller SABMiller plc was an Anglo–South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by AB InBev for US$107-billion. It was the world's sec ...
. Royal Challenge beer, which is mainly sold in the state of
Andhra Pradesh Andhra Pradesh (ISO 15919, ISO: , , AP) is a States and union territories of India, state on the East Coast of India, east coast of southern India. It is the List of states and union territories of India by area, seventh-largest state and th ...
, is with
SABMiller SABMiller plc was an Anglo–South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by AB InBev for US$107-billion. It was the world's sec ...
. During 2006–07, Shaw Wallace & Company Ltd recorded a net sales turnover of Rs 1388.5 million, (Rs 1155.2 million in 2005–06), total income of Rs 2321.5 million (Rs 2933.8 million in 2005–06), while the profit after tax was Rs 820.7 million (Rs 468.6 million in 2005–06). Director S.R. Gupte announced on 29 September 2007 that merger talks would soon get underway between United Spirits and Shaw Wallace. The merger was later approved by the Shaw Wallace board of directors.


Sega Mega Drive

In India, distribution of the
Sega Mega Drive The Sega Genesis, known as the outside North America, is a 16-bit Fourth generation of video game consoles, fourth generation home video game console developed and sold by Sega. It was Sega's third console and the successor to the Master Sys ...
was handled by Shaw Wallace Electronics, with the products being sold for .
Sega is a Japanese video game company and subsidiary of Sega Sammy Holdings headquartered in Tokyo. It produces several List of best-selling video game franchises, multi-million-selling game franchises for arcade game, arcades and video game cons ...
entered the partnership in the northern hemisphere in April 1994. Shaw Wallace started manufacturing consoles in India from spring 1995, because Sega wanted to circumvent an 80% import tariff.Screen digest
" Screen Digest Ltd., 1995. Retrieved from
Google Books Google Books (previously known as Google Book Search, Google Print, and by its code-name Project Ocean) is a service from Google that searches the full text of books and magazines that Google has scanned, converted to text using optical charac ...
on 2 November 2011. "Sega tackles Indian market with local maker From spring 1995, Sega will start manufacturing video games consoles in India with local partner Shaw Wallace. Move will circumvent 80 per cent import tariff on games units which currently ..
The distribution of Sega products was acquired by Maze Marketing (now Mitashi Edutainment) in 1995.


References


External links


Shaw Wallace


{{United Spirits Manufacturing companies based in Kolkata Food and drink companies established in 1886 Distilleries in India Indian companies established in 1886 United Breweries Group Companies formerly listed on the National Stock Exchange of India Companies formerly listed on the Bombay Stock Exchange